News

Cibus Nordic Real Estate AB (publ) prolongs leases with Tokmanni

Cibus Nordic Real Estate AB (publ) ("Cibus") has prolonged seven leases with Tokmanni by approximately 5.5 years. The average lease length for all Tokmanni assets owned by Cibus is hereby approximately 7 years, and there are no leases shorter than 4 years.

Tokmanni is Cibus' second largest tenant and the Tokmanni assets represent approximately 25% of the portfolio income. "This is an example of Cibus' strategy to have continuous dialogues with its main tenants and to reach comprehensive arrangements that are mutually beneficial for both parties", says Lisa Dominguez Flodin, CEO of Cibus Nordic Real Estate.

Stockholm 27.06.2018

For further information, please contact:
Lisa Dominguez Flodin, CEO Cibus Nordic Real Estate (+46 70 237 71 12)

Cibus is a real estate company listed on Nasdaq First North in Stockholm with FNCA Sweden AB as Certified Adviser. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with reputable grocery and discount store chains as anchor tenants. The company currently owns 123 properties in Finland. The main tenants are Kesko (59% of the properties), Tokmanni (25%) and S-Group (8%). An additional 4% of the properties are let to other daily-goods operators like Lidl or independent grocers.

July 02, 2018
Regulatory
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has completed two separate acquisitions of a total of three assets to its portfolio in Finland. These acquisitions will have a positive effect on the Company's future cash flow. Furthermore, Cibus has initiated refinancing discussions regarding one of its senior-loan facilities which would allow the Company to conclude further acquisitions later in the year.
June 27, 2018
Regulatory

Cibus Nordic Real Estate AB (publ) ("Cibus") has prolonged seven leases with Tokmanni by approximately 5.5 years. The average lease length for all Tokmanni assets owned by Cibus is hereby approximately 7 years, and there are no leases shorter than 4 years.

April 27, 2018
Regulatory

Cibus Nordic Real Estate AB (publ) ("Cibus" or "the Company") issued a EUR 135 million unsecured bond on March 7, 2018. The bond runs until May 26, 2021 with an annual floating interest of three-month EURIBOR plus 4.50 per cent.

April 26, 2018
Regulatory

Cibus Nordic Real Estate AB (publ) (the "Company") issued on 5 March 2018 senior unsecured floating rate bonds with ISIN: SE0010740530 (the "Bonds") under terms and conditions dated on 1 March 2018 (the "Terms and Conditions").

March 07, 2018
Regulatory

Nasdaq has today, March 7, 2018, approved Cibus Nordic Real Estate AB (publ) ("Cibus" or "the Company") for listing on Nasdaq First North. The approval is subject to the fulfilment of customary requirements. First day of trading in Cibus' shares is planned to commence on March 9, 2018, under the ticker symbol "CIBUS".